The Global process Instrumentation market is expected to reach US$ 21.84 Billion by 2027, at a CAGR of 3%.
Recording, positioning, measuring and controlling are the major parameters essential for smooth functioning of a manufacturing unit. Hence, top priorities for process instruments are achieving great levels of absolute reliability, accuracy and precision. Technological innovations and increasing demands for process control systems. Moreover, cost efficiency, reduction in engineering time, asset utilization and energy efficiency are some of the major factors driving the growth of the global process instrumentation market.
Global Process Instrumentation market is segregated on the basis of application as agriculture & livestock, water & waste water, mining & metals, power generation, oil & gas, petrochemical, and others. Based on technology, the global Process Instrumentation market is segmented in programmable logic controller, distributed control system, supervisory control and data acquisition.
Global Process Instrumentation market report provides geographic analysis covering regions such as North America, Europe, Asia Pacific, and Rest of World. The Process Instrumentation market for each region is further segmented for major countries including U.S., Canada, Germany, UK, France, Italy, China, India, Japan, Brazil, South Africa and others.
Competitive Rivalry
Siemens AG, ABB ltd, Emerson Process Management are among the major players in the global Process Instrumentation market share. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Process Instrumentation Market has been segmented as below:
Process Instrumentation Market, by Application
Process Instrumentation Market, by Technology
Process Instrumentation Market, By Region
The report covers:
Report scope:
Global Process Instrumentation market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Process Instrumentation market share. Major industry players with significant revenue share include ABB Ltd., Siemens AG, yokogawa etc.
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1. Introduction
1.1. Key Points
1.2. Report Description
1.3. Markets Covered
1.4. Stakeholders
2. Research Methodology
2.1. Research Scope
2.2. Research Methodology
2.2.1. Market Research Process
2.2.2. Research Methodology
2.2.2.1. Secondary Research
2.2.2.2. Primary Research
2.2.2.3. Models for Estimation
2.3. Market Size Estimation
2.3.1. Bottom-Up Approach
2.3.2. Top-Down Approach
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Drivers
4.2.1. Increasing in labour cost
4.2.2. Growing demand from process industry
4.3. Restraints
4.3.1. High stagnant growth in developed markets
5. Process Instrumentation Market, By Application
5.1. Key Points
5.2. Agriculture & Livestock
5.3. Water & Waste Water
5.4. Mining & Metals
5.5. Power Generation
5.6. Oil & Gas
5.7. Petrochemical
5.8. Others
6. Process Instrumentation Market, By Technology
6.1. Key Points
6.2. Programmable Logic Controller
6.3. Distributed Control system
6.4. Supervisory Control & Data Acquisition
6.5. Manufacturing Execution System
7. Competitive Landscape
7.1. Introduction
7.2. Recent Developments
7.2.1. Mergers &Acquisitions
7.2.2. New Product Developments
7.2.3. Portfolio/Production Capacity Expansions
7.2.4. Joint Ventures, Collaborations, Partnerships & Agreements
7.2.5. Others
8. Company Profile
8.1. ABB Ltd.
8.1.1. Company Overview
8.1.2. Product/Service Landscape
8.1.3. Financial Overview
8.1.4. Recent Developments
8.2. Siemens AG
8.2.1. Company Overview
8.2.2. Product/Service Landscape
8.2.3. Financial Overview
8.2.4. Recent Developments
8.3. Yokogawa
8.3.1. Company Overview
8.3.2. Product/Service Landscape
8.3.3. Financial Overview
8.3.4. Recent Developments
8.4. Honeywell
8.4.1. Company Overview
8.4.2. Product/Service Landscape
8.4.3. Financial Overview
8.4.4. Recent Developments
8.5. Duon System
8.5.1. Company Overview
8.5.2. Product/Service Landscape
8.5.3. Financial Overview
8.5.4. Recent Developments
8.6. GE Measurement Control
8.6.1. Company Overview
8.6.2. Product/Service Landscape
8.6.3. Financial Overview
8.6.4. Recent Developments
8.7. Rotronic AG
8.7.1. Company Overview
8.7.2. Product/Service Landscape
8.7.3. Financial Overview
8.7.4. Recent Developments
The Process Instrumentation Market has been segmented as below:
Process Instrumentation Market, by Application
Process Instrumentation Market, by Technology
Process Instrumentation Market, By Region
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